GNE vs. ^SP600
Compare and contrast key facts about Genie Energy Ltd. (GNE) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNE or ^SP600.
Key characteristics
| GNE | ^SP600 | |
|---|---|---|
| YTD Return | -43.50% | -1.27% |
| 1Y Return | 10.90% | 16.99% |
| 3Y Return (Ann) | 43.92% | -1.32% |
| 5Y Return (Ann) | 15.55% | 5.64% |
| 10Y Return (Ann) | 11.18% | 7.36% |
| Sharpe Ratio | 0.12 | 0.80 |
| Daily Std Dev | 46.55% | 19.41% |
| Max Drawdown | -75.12% | -59.17% |
| Current Drawdown | -48.08% | -11.22% |
Correlation
The correlation between GNE and ^SP600 is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GNE vs. ^SP600 - Performance Comparison
In the year-to-date period, GNE achieves a -43.50% return, which is significantly lower than ^SP600's -1.27% return. Over the past 10 years, GNE has outperformed ^SP600 with an annualized return of 11.18%, while ^SP600 has yielded a comparatively lower 7.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GNE vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GNE vs. ^SP600 - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 9.13% compared to S&P 600 (^SP600) at 5.40%. This indicates that GNE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.